Commercial
Omega warns of $35m expected loss
Omega expects to report a loss before tax of approximately $35m for the first half of 2010.
Policyfast beats new agency targets
Online wholesaler Policyfast has opened its 1000th agency beating its target of the end of the year by more than four months.
CBG to restate 2009 half year results due to premium finance issue
Broking group CBG this morning admitted it will have to restate the half year results for the six month period ended 30 June 2009.
RSA shareholders want to hear "convincing arguement" for Aviva GI swoop
RSA is widely reported to have lined up BNP Paribas, Deutsche Bank and HSBC to underwrite a £5bn rights issue to fund its proposed takeover of Aviva's UK, Irish and Canadian general insurance businesses.
Aviva shareholders annoyed by RSA rebuttal as "everything" has a price
Both Standard Life and Royal London Asset Management are reported to be annoyed that Aviva's management rejected RSA's £5bn offer for the business without consulting shareholders.
Aviva took days to reject RSA's "unacceptable" £5bn GI business offer
Aviva took ten days from receiving a £5bn offer from RSA to rejecting it, the insurance group admitted today.
RSA shareholders want to hear "convincing arguement" for Aviva GI swoop
RSA is widely reported to have lined up BNP Paribas, Deutsche Bank and HSBC to underwrite a £5bn rights issue to fund its proposed takeover of Aviva's UK, Irish and Canadian general insurance businesses.
Aviva shareholders annoyed by RSA rebuttal as "everything" has a price
Both Standard Life and Royal London Asset Management are reported to be annoyed that Aviva's management rejected RSA's £5bn offer for the business without consulting shareholders.
Aviva took days to reject RSA's "unacceptable" £5bn GI business offer
Aviva took ten days from receiving a £5bn offer from RSA to rejecting it, the insurance group admitted today.
Allianz offers aviation cover
Allianz Commercial has teamed up with fellow Allianz SE Group member, Allianz Global Corporate & Specialty to provide an aviation products liability solution for commercial customers.
Aviva shares up on RSA bid speculation
Aviva shares gained 16.10 pence (4.3%) in the first two and a half hours of trading this morning.
RSA snubbed in £5bn move for Aviva GI business claims report
RSA has made a £5bn approach to acquire Aviva's UK and selected international general insurance businesses, according to reports.
Lockton issues fiscal report
Lockton generated $774m (£495m) in fiscal 2010 revenue, representing a 5% organic growth rate.
RSA snubbed in £5bn move for Aviva GI business claims report
RSA has made a £5bn approach to acquire Aviva's UK and selected international general insurance businesses, according to reports.
Willis appoints new MD to global placement unit
Willis Group Holdings has appointed former Marsh broker Alastair Burns as managing director of its Insurance Facilities Practice.
Allianz sees Eastern European GI profits fall 54% in H1
Allianz in Central and Eastern Europe today reported total premiums increased by 5 percent to €2bn, from €1.9bn in the first half of 2009.
Former RSA CEO Mendelsohn returns with Lloyd's player
The Navigators Group has appointed former RSA group CEO Robert Mendelsohn to its board of directors.
Allianz sees Eastern European GI profits fall 54% in H1
Allianz in Central and Eastern Europe today reported total premiums increased by 5 percent to €2bn, from €1.9bn in the first half of 2009.
Online specialist targets Northern Ireland EL and PL markets
Constructaquote, the online business insurance site, has expanded its tradesman and small business liability product into Northern Ireland.
Hiscox and Dual agree capacity deal
Dual International has announced a long-term strategic partnership with Hiscox to provide up to 25% of Dual’s capacity for its global portfolio.
L&E enters solicitors' PI market
Property specialist London & European is to offer professional indemnity insurance for solicitors.
Ace warns of double-dip recession
The potential for a global double dip recession and its impact on trade in Europe, top the list of risks facing businesses according to research conducted by the Economist Intelligence Unit.
L&E enters solicitors' PI market
Property specialist London & European is to offer professional indemnity insurance for solicitors.
Heath Lambert looks to Aon as it begins London Corporate recruitment drive
Heath Lambert’s London Corporate team has begun a recruitment drive to strengthen its market position by appointing Alan Midson as a sales director.